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vellojo vellojo
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Posts: 2982
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7 years ago
The government budget deficit tends to decline during the expansion phase of a business cycle because tax revenues ________ and government transfer payments ________.
A) decrease; increase
B) increase; decrease
C) decrease; decrease
D) increase; increase
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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Posts: 492
7 years ago
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vellojo Author
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7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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